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2023 Draft advice to inform the strategic direction of the Government’s second emissions reduction plan

Last updated: June 20, 2023

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Environment & Infrastructure

2023 Draft advice to inform the strategic direction of the Government’s second emissions reduction plan

Levi Gibbs

Published: June 20, 2023

Submitting To: Climate Change Commission

Issue for Business: The Commission released its advice to inform the Government's second ERP. The advice outlines numerous recommendations on the strategic direction of the Government's policy direction across multiple sectors, including but not limited to, energy, industrial users and agriculture. BusinessNZ and BEC commented on several sections based on the impact upon climate change policy, and their relative consequence upon the broader business community. This submission clarifies and reinforces BusinessNZ/BEC's position on the role of gross and net emission reductions, the role of forestry, the integration of CCUS into the ETS, the Government's NDC target (and fiscal implications), the impact of policy uncertainty, RMA barriers and the important role of thermal in NZ's energy system.

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